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LGPS Central to launch social housing fund as part of enhanced strategy

The £100bn LGPS Central pool is set to launch a social housing fund next year and expand partnerships with housebuilders and housing associations as part of a boost to its UK social housing strategy.

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Through the fund, LGPS Central’s fourteen local government partner pension funds could increase their collective investment in social housing from approximately £600m to £1bn

Several Reform-led councils are in talks to depart from the LGPS stewardship body LAPFF, following moves by two LGPS funds earlier this summer to break ties with the network.